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Axa XL upstream energy head Farr leaving for Tokio Marine HCC
Steven Farr has worked at Axa XL since 2007, then the Catlin business, holding a string of increasingly senior energy underwriting positions.
Samuel Casey
,
12 October 2022
Swiss Re will shrink in US cat as it asks cedants for ‘double-double-half’
The reinsurer said it will look to double rates and retentions and halve the amount of override on casualty quota shares.
Adam McNestrie
,
12 October 2022
Lockton launches digital asset custody facility backed by Lloyd’s syndicates
Lockton said the new program provides full access to London market capacity, estimated to be in excess of $850mn for custody coverage.
Jairo Ibarra
,
12 October 2022
Noble and Hart to depart Liberty Specialty Markets aviation war team
Liberty Specialty Markets said it was still fully committed to writing aviation risks.
Aisling Finn
,
12 October 2022
Riverstone wins RITC bid process for DTW Syndicate 1991
Sources said the net reserves in scope for the deal were marketed at £240mn.
Catrin Shi
,
12 October 2022
PRA and FCA launch discussion paper on AI regulation
The watchdog is seeking views on topics such as where there are barriers to the safe and widespread adoption of AI.
Marcel Le Gouais
,
12 October 2022
Liberty launches cargo consortium to write risks up to $205mn
Consortium 7763 will write risks on behalf of Aegis, Antares, Apollo, Axis, Chaucer and Munich Re.
Aisling Finn
,
12 October 2022
Lloyd’s network services fully restored following shutdown
An investigation concluded there were no security or data compromises.
Samuel Casey
,
12 October 2022
Industry expects e-trading to be the norm by mid 2023: Gracechurch
According to Gracechurch’s report, nearly three-quarters of market participants say they prefer using e-trading platforms.
Aisling Finn
,
12 October 2022
Opinion: Munich Re Syndicate oil and gas exit – Starting gun for exodus?
Overcapacity in upstream energy means the immediate impact of the move will be limited.
Samuel Casey
,
12 October 2022
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